RumbleON Intangible Assets vs Retained Earnings Analysis

RMBL Stock  USD 7.00  0.73  11.64%   
RumbleON financial indicator trend analysis is much more than just breaking down RumbleON prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RumbleON is a good investment. Please check the relationship between RumbleON Intangible Assets and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.

Intangible Assets vs Retained Earnings

Intangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RumbleON Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between RumbleON's Intangible Assets and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of RumbleON, assuming nothing else is changed. The correlation between historical values of RumbleON's Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of RumbleON are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., RumbleON's Intangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from RumbleON's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RumbleON current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.At this time, RumbleON's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.26 this year, although the value of Issuance Of Capital Stock will most likely fall to about 63.9 M.

RumbleON fundamental ratios Correlations

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0.730.670.650.660.68-0.550.630.630.510.710.750.680.690.680.510.80.940.730.660.720.60.640.690.60.68
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0.640.610.590.570.6-0.50.510.680.680.620.520.60.610.621.00.660.380.620.420.610.560.590.60.570.62
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0.70.720.680.470.72-0.630.750.640.640.520.750.660.730.710.520.770.510.670.910.760.720.680.670.650.66
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0.981.00.980.671.0-0.920.690.980.980.610.990.730.991.00.610.880.540.930.550.990.971.00.990.960.94
0.961.00.990.621.0-0.950.680.980.980.620.970.710.991.00.620.840.540.890.490.970.980.990.990.980.91
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0.940.860.770.90.85-0.660.80.860.860.660.930.770.860.880.840.660.620.970.750.930.770.850.870.720.95
0.580.520.530.540.53-0.440.940.490.490.380.540.510.550.540.540.380.620.580.410.550.450.490.560.490.52
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0.590.520.420.590.52-0.320.660.470.470.420.620.910.470.550.490.420.750.410.630.630.470.490.490.370.61
0.990.980.940.750.98-0.870.720.970.970.611.00.760.980.990.970.610.930.550.960.630.940.980.980.90.97
0.920.980.990.50.98-0.980.60.950.950.560.940.720.970.970.980.560.770.450.820.470.940.980.960.980.85
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0.990.930.860.870.93-0.750.680.950.950.620.980.660.940.940.910.620.950.521.00.610.970.850.940.950.81
Click cells to compare fundamentals

RumbleON Account Relationship Matchups

RumbleON fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.4M77.0M1.0B1.0B926.3M972.6M
Short Long Term Debt Total88.7M58.2M522.4M730.2M771.6M810.2M
Total Current Liabilities73.7M35.4M183.9M311.7M395M414.8M
Total Stockholder Equity12.9M4.6M431.3M206.0M105.6M73.9M
Net Debt88.7M56.7M473.4M681.6M712.7M748.3M
Retained Earnings(79.4M)(104.4M)(114.1M)(375.6M)(591.1M)(561.5M)
Accounts Payable8.7M7.3M10.0M13.7M7.1M5.1M
Cash49.7K1.5M49.0M48.6M58.9M61.8M
Cash And Short Term Investments49.7K1.5M49.0M48.6M58.9M61.8M
Common Stock Total Equity1.2K2.2K15K16K18.4K9.4K
Liabilities And Stockholders Equity113.4M77.0M1.0B1.0B926.3M972.6M
Non Current Liabilities Total26.8M37.0M430.1M509.5M425.7M447.0M
Other Current Assets7.9M5.5M9.3M75.6M24.1M15.9M
Other Stockholder Equity92.3M108.9M545.7M581.6M696.7M731.5M
Total Liab100.5M72.4M614.0M821.2M820.7M861.7M
Total Current Assets73.8M37.7M301.6M431.5M480.8M504.8M
Common Stock1.2K2.2K15K16K18.4K9.4K
Other Current Liab3.0M4.4M38.8M39.7M26.7M14.2M
Non Current Assets Total39.6M39.2M743.7M595.7M445.5M467.8M
Other Assets56.7K237.8K1.026.2M89.3M0.95
Long Term Debt22.1M31.9M283.0M349.4M286.7M301.0M
Common Stock Shares Outstanding1.1M2.2M6.9M15.9M17.7M18.6M
Long Term Debt Total22.1M31.9M282.8M349.4M401.8M421.9M
Capital Surpluse92.3M108.9M550.1M585.9M673.8M707.5M
Inventory57.4M21.4M201.7M331.7M347.5M364.9M
Short Term Debt61.9M22.9M122.0M247.9M350.8M368.3M
Property Plant Equipment12.5M12.2M154.5M76.1M87.5M91.9M
Net Tangible Assets(14.0M)(22.3M)(131.7M)(41.4M)(37.3M)(35.4M)
Short Long Term Debt60.5M21.3M101.6M229.1M326.9M343.2M
Property Plant And Equipment Net12.5M12.2M154.5M237.9M240.7M252.7M
Non Currrent Assets Other237.8K151.1K26.2M31.2M1.5M1.4M
Net Receivables8.5M9.4M40.2M28M50.3M52.8M
Net Invested Capital95.5M57.7M815.9M809.5M719.2M410.6M

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When determining whether RumbleON is a strong investment it is important to analyze RumbleON's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RumbleON's future performance. For an informed investment choice regarding RumbleON Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RumbleON. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy RumbleON Stock please use our How to buy in RumbleON Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RumbleON. If investors know RumbleON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RumbleON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.58)
Revenue Per Share
47.649
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0047
Return On Equity
(1.42)
The market value of RumbleON is measured differently than its book value, which is the value of RumbleON that is recorded on the company's balance sheet. Investors also form their own opinion of RumbleON's value that differs from its market value or its book value, called intrinsic value, which is RumbleON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RumbleON's market value can be influenced by many factors that don't directly affect RumbleON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RumbleON's value and its price as these two are different measures arrived at by different means. Investors typically determine if RumbleON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RumbleON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.